Latest News
Caterpillar Shares Slide on Baird Downgrade Amid Data Center Policy Concerns
Caterpillar shares dropped 6.4% after Baird downgraded the stock, citing policy risks from New York's data center permit limits that could impact demand.
Garmin Shares Surge 17% on Q2 Margin Expansion and Upgraded Outlook
Garmin shares soared 17% after Q2 operating margin surged to 30.4%, prompting a valuation rerating. The company raised its 2026 EPS outlook to $10, well above consensus.
SoundHound AI Hits 52-Week Low Despite Healthcare AI Expansion
SoundHound AI dropped 6.4% to $5.84, reaching a new 52-week low, despite MUSC Health expanding its AI agent deployment. The market remains focused on revenue quality and the pending LivePerson merger.
Avantor Surges 15% on Sales Beat, but Margin Concerns Persist
Avantor (AVTR) shares surged 15% after Q2 results beat estimates, but margin and cash-flow targets remained unchanged, signaling a demand reset.
Grab Holdings Slips as Q2 Profit Hurdle Dims Revenue Milestone
Grab shares slipped around 2% to $3.38 as Q2 revenue consensus of $1.0B is overshadowed by profit conversion concerns and higher incentive costs.
UiPath Stock Rises 22% in Four Days as Cash Position Offsets ARR Concerns
UiPath shares rose 22.5% in four days, fueled by a $1.42 billion cash position and buybacks, but net new ARR growth is slowing.
Oil Spike and Fed Jitters Drag Dow 852 Points; Two Stocks Account for Most of the Drop
US stocks slid midday Wednesday, with the Dow down 852 points, as oil prices surged and the Fed decision approached. Two high-priced components accounted for most of the drop.